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July 17, 2023
2023-5541

Americas Tax Roundup 17 July 2023

EY’s Americas Tax Roundup newsletter, prepared by EY Global Tax, provides a summary of the top weekly tax news, trends and developments in the Americas. Highlights of this week’s edition include:

  • OECD releases outcome statement on progress on Pillars One and Two of BEPS 2.0 project\Canada enacts 2023 Budget implementation bill no. 1
  • Draft decree provides guidance for nonresidents subject to Colombia's version of the digital services tax 
  • Peruvian tax authority rules merger between nonresident entities triggers indirect transfer of Peruvian shares
  • Peru replaces LIBOR with SOFR for WHT purposes on interest paid to nonresidents
  • Costa Rica’s tax authority announces 31 July deadline for receipt of CRS and FATCA financial account reports
  • Costa Rica’s tax authority announces 13% VAT on tourism services from 1 July 2023
  • Costa Rica publishes resolution on conditions for using tax authority platform
  • Panama’s tax authority provides process for deregistering certain 'fiscal equipment'
  • Panama adopts new forms for income tax returns
  • Panama publishes 2023 list of reportable jurisdictions for CRS purposes
  • Uruguay makes temporary corporate income tax benefit for promoters and construction companies permanent
  • EY Global Tax Controversy Flash Newsletter (Issue 60) | Business transfers – VAT-free or VAT due?
  • EY Canada's Tax Matters @ EY for July 2023
  • This week's tax treaty news in the Americas
  • Upcoming webcasts
  • US Cross-Border Taxation weekly podcast, 14 July 2023
  • The week’s EY Tax Alerts
  • EY Industry and Tax Services publications

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Americas Tax Roundup – 17 July 2023

 
 

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